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Listed price in listed location currency (USD).
$775,000

320

MLS® 154669450

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2253 sqft
Garage No
Taxes $2,962
Days Active 0
Lot Size 0.17 acres
Approx. Age 1904
Avg. Price Per Sqft $343
MLS® Number 154669450

Property Address: 237 239 Ne Graham St, Portland, OR, 97212-3006

Average square foot calculated using Size range provided by listing agent.

Description

Income-producing duplex in Portland’s sought-after Eliot neighborhood generating $61, 140 annually with additional upside potential. Unit 239 (2 bed, 1 bath, approx. 1, 200 sq ft) is already achieving strong market rent at $2, 795/month, while Unit 237 (1 bed, 1 bath) is currently rented at $2, 300/month and transitions to month-to-month in May 2026, creating an opportunity to adjust rents over time.With the larger 2-bedroom unit already performing at a strong level, the property provides a proven benchmark for income, while the 1-bedroom offers potential for incremental rent growth—creating a balanced investment with stable in-place cash flow and future upside.The property blends classic character with functional updates, including a newer furnace (~3 years old) and water heaters (~2–3 years old). Unit 237 features a large attic accessible by a full staircase, offering additional storage or potential future use. Both units include in-unit laundry.Additional highlights include a high-ceiling basement, separate electric metering, and strong tenant appeal in a walkable, high-demand location near parks, restaurants, and the Matt Dishman Community Center, with quick access to downtown Portland.Ideal for investors seeking stable income with upside potential, or owner-occupants looking to offset their mortgage while building long-term equity. Opportunities with in-place income and future growth in this location are increasingly limited.
MLS® Number154669450
Laundry Level
Central VacNo
FireplaceNo
Acreage0.17
Exterior
GarageNo
Approx. Age1904
BasementUnfinished
DrivewayDriveway, On Street
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Rooms

Living Room:Not available
Dining Room:Not available
Kitchen:Not available
Bedroom 3:Not available
Bedroom 2:Not available
Great Room:Not available
Family Room:Not available
Bedroom 1:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 18, 2026List Date
$775,000List Price
  • Commute

Commute

Starting Address
Destination Address
237 239 Ne Graham St, Portland, OR

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